Wireless Toyz vs iCare Repair Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Wireless Toyz vs iCare Repair including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Wireless Toyz Franchise
iCare Repair Franchise
Investment $190,000 - $300,000 $55,893 - $120,993
Franchise Fee $30,000 $20,000
Royalty Fee 13% 7.25%
Advertising Fee - -
Year Founded 1995 2012
Year Franchised 2001 2012
Term Of Agreement 10 years -
Term Of Agreement 10 years -
Renewal Fee $10K -


Business Experience Requirements

 
Wireless Toyz Franchise
iCare Repair Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Wireless Toyz Franchise
    iCare Repair Franchise
      In-House/3rd Party In-House/3rd Party
    Franchise Fees No/No -/-
    Start-up Costs No/No -/-
    Equipment No/No -/-
    Inventory No/No -/-
    Receivables No/No -/-
    Payroll No/No -/-

    Training & Support

     
    Wireless Toyz Franchise
    iCare Repair Franchise
    Training -

    We'll provide substantial training on repairs and customer service, site selection, supply of low-priced OEM parts and repair tools, Internet presence and marketing, as well as unique point-of-sale (POS) and operational technologies.

    Support Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives -
    Marketing Co-op advertising, Ad slicks, Regional advertising -
    Operations

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Wireless Toyz Franchise
    iCare Repair Franchise
    US Expansion Yes Yes
    Canada Expansion No -
    International Expansion No -

    Start-Up Costs and Fees Mobile

    Investment
    Wireless Toyz Franchise
    $190,000 - $300,000
    iCare Repair Franchise
    $55,893 - $120,993
    Franchise Fee
    Wireless Toyz Franchise
    $30,000
    iCare Repair Franchise
    $20,000
    Royalty Fee
    Wireless Toyz Franchise
    13%
    iCare Repair Franchise
    7.25%
    Advertising Fee
    Wireless Toyz Franchise
    -
    iCare Repair Franchise
    -
    Year Founded
    Wireless Toyz Franchise
    1995
    iCare Repair Franchise
    2012
    Year Franchised
    Wireless Toyz Franchise
    2001
    iCare Repair Franchise
    2012
    Term Of Agreement
    Wireless Toyz Franchise
    10 years
    iCare Repair Franchise
    -
    Renewal Fee
    Wireless Toyz Franchise
    $10K
    iCare Repair Franchise
    -


    Business Experience Requirements

    Experience
    Wireless Toyz Franchise

  • General business experience
  • iCare Repair Franchise
    -

    Financing Options

      In-House/3rd Party
    Franchise Fees
    Wireless Toyz Franchise
    No/No
    iCare Repair Franchise
    -/-
    Start-up Costs
    Wireless Toyz Franchise
    No/No
    iCare Repair Franchise
    -/-
    Equipment
    Wireless Toyz Franchise
    No/No
    iCare Repair Franchise
    -/-
    Inventory
    Wireless Toyz Franchise
    No/No
    iCare Repair Franchise
    -/-
    Receivables
    Wireless Toyz Franchise
    No/No
    iCare Repair Franchise
    -/-
    Payroll
    Wireless Toyz Franchise
    No/No
    iCare Repair Franchise
    -/-

    Training & Support

    Training
    Wireless Toyz Franchise
    -
    iCare Repair Franchise

    We'll provide substantial training on repairs and customer service, site selection, supply of low-priced OEM parts and repair tools, Internet presence and marketing, as well as unique point-of-sale (POS) and operational technologies.

    Support
    Wireless Toyz Franchise
    Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    iCare Repair Franchise
    -
    Marketing
    Wireless Toyz Franchise
    Co-op advertising, Ad slicks, Regional advertising
    iCare Repair Franchise
    -
    Operations
    Wireless Toyz Franchise

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    iCare Repair Franchise
    -

    Expansion Plans

    US Expansion
    Wireless Toyz Franchise
    Yes
    iCare Repair Franchise
    Yes
    Canada Expansion
    Wireless Toyz Franchise
    No
    iCare Repair Franchise
    -
    International Expansion
    Wireless Toyz Franchise
    No
    iCare Repair Franchise
    -

    Company Overviews

    About Wireless Toyz

    Founded in 1998, Wireless Toyz has become the most unique concept in the retail wireless industry. Unlike other retailers that carry only one or 2 carriers, Wireless Toyz decided to design and market a different kind of wireless store that would be dedicated to offering customers almost every cellular and satellite provider in one location. Customers love our one stop shopping locations as they're able to find the best provider to fit their personal and business needs. We've negotiated a non-exclusive contract with Nextel, Sprint, AT&T, T-Mobile, Verizon, Dish Network, and Direct T.V. We also offer regional carriers such as Alltel, Einstein PCS, Cellular One, AirTel and 3 Rivers. Our concept has propelled Wireless Toyz to the front as one of the largest non-exclusive wireless retailers in the country. After opening our first location in 1998, less than twelve months later, Wireless Toyz had opened multiple locations throughout Michigan. In September 2001 Wireless Toyz began franchising to entrepreneurs who wanted to own their own store. By July 2003 Wireless Toyz began offering Master Franchise programs to companies who wanted to dominate a particular market. Wireless Toyz continues to develop a very unique and innovative structure for marketing cell phones and satellite TV. In the past, cellular phones could only be purchased from single Wireless Toyz stores or large chain stores. Wireless Toyz has created an ideal alternative, which focuses on: *Multiple carrier stores *Expert customer service *Knowledgeable Wireless Experts *Competitive pricing *The largest selection of cellular phones, satellite systems and accessories in the industry. Wireless Toyz caters to their customers through many innovative programs such as referral credits, volume purchase discounts, and much more. Wireless Toyz leads the retail cellular industry by putting the customer first. Wireless Toyz continues to prove that multi-carrier stores provide an incredible income and growth opportunity.

    About iCare Repair

    Join a fast-growing business opportunity with iCare Repair

    We place substantial value on our brand. Our outstanding commitment to our customers and partners proves to be the best in the mobile phone repair industry.
    With our extensive business model, you can take advantage of the increasing number of users of mobile devices and excellent profit potential on these areas:

    Increasing Demand

    Around 33 percent of smartphone users lose/damage their phones, according to Plaxo, while a British study found that an iPhone gets broken roughly 10 weeks from purchase.
    As smartphones and tablets have many breakable parts such as a fragile LCD (liquid crystal display) screens and inaccessible batteries, users are going to need repair services for their broken gadgets.

    iCare Repair is proud to be a trusted brand that has garnered multiple positive reviews from our satisfied customers.
    We thrive in the competitiveness and affordability of our products and services, besides the outstanding customer service that we offer at all our locations.

    With our effective business model, iCare Repair provides a great opportunity for franchisees who want to gain financial independence and the ability to make their own business decisions.

    Veterans get 25% discount off franchise fee.